MTL 20.0% 0.3¢ mantle minerals limited

Ann: Proposed issue of securities - CAD, page-2

  1. 92 Posts.
    lightbulb Created with Sketch. 31
    So they issue shares at 0.007. Why? The price hasn't been that low for ages? Those investors can sell it immediately with a 40% profit AND they get an option with it.

    Can anybody explain why management does this? Do they buy the shares themselves..?
 
watchlist Created with Sketch. Add MTL (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(20.0%)
Mkt cap ! $18.59M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $2.158K 854.3K

Buyers (Bids)

No. Vol. Price($)
10 10942088 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 60661764 61
View Market Depth
Last trade - 15.50pm 09/07/2024 (20 minute delay) ?
MTL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.